XRP is currently trading at $2.20, experiencing a slight decline of 1.01% over the last 24 hours. The price action has been relatively stable, with a daily range of $0.05, indicating low volatility and minor fluctuations between the high of $2.23 and the low of $2.18.

Trading volume stands at approximately $2.79 billion, representing 2.11% of the market cap, which suggests healthy liquidity in the market. The hourly moving averages reflect a mixed short-term sentiment, with the 8 SMA showing a decline of 0.69%, while the 144 SMA indicates a stronger bullish trend with a rise of 3.98%.

The RSI metrics show that XRP is currently neutral with a 1-hour RSI at 51 and a 7-day RSI at 57, which indicates some bullish momentum in the short term. However, the 14-day price change of -5.25% and the 30-day price change of -15.83% suggest that the asset has faced significant selling pressure over a longer time frame.

Despite the recent downward trend, XRP's 7-day price change of approximately 9.76% indicates a potential recovery phase in progress. The all-time high of $3.65 sets a significant resistance level, and the current price is approximately 40% below this peak, presenting potential upside for long-term investors.

Based on the current technical indicators and market sentiment, I recommend a Hold rating for XRP. The mixed signals from moving averages and RSI suggest a wait-and-see approach until clearer bullish momentum develops, especially given the recent negative performance over longer periods.